Taking Stock, December 2013 : An Update on Vietnam's Recent Economic Developments

Macroeconomic stability in Vietnam is improving, underpinned by moderating inflation and strengthening external accounts. Headline Consumer Price Index (CPI) inflation has stabilized, aided by subdued credit growth and easing of food price increase...

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Bibliographic Details
Main Author: World Bank
Format: Economic Updates and Modeling
Language:English
en_US
Published: Hanoi 2014
Subjects:
CDS
NPL
Online Access:http://documents.worldbank.org/curated/en/2013/12/18639280/taking-stock-update-vietnams-recent-economic-developments
http://hdl.handle.net/10986/16731
id okr-10986-16731
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO INFORMATION
ACCOUNTING
ADVANCED ECONOMIES
ARREARS
ASSET MANAGEMENT
ASSET PORTFOLIOS
AUCTION
BAILOUT
BALANCE OF PAYMENT
BALANCE OF PAYMENTS
BALANCE SHEETS
BANK LENDING
BANK LOAN
BANKING SECTOR
BANKING SECTOR REFORMS
BANKING SECTORS
BANKING SYSTEM
BANKRUPTCY
BANKRUPTCY LAW
BARRIERS TO ENTRY
BASIS POINTS
BENEFICIARIES
BOND ISSUANCE
BOND ISSUANCES
BOND SPREADS
BROAD MONEY
BUSINESS CLIMATE
BUSINESS ENVIRONMENTS
CAPITAL ACCOUNT
CAPITAL FLOWS
CAPITAL INFLOWS
CAPITAL INVESTMENT
CAPITAL INVESTMENTS
CASH BALANCES
CDS
COLLATERAL
COMMERCIAL BANKS
COMMODITY
COMMODITY EXPORTS
COMMODITY PRICE
COMMODITY PRICES
CONFIDENCE INDEX
CONSUMER PRICE INDEX
CONTINGENCY PLANNING
CORPORATE DEBT
CORPORATE GOVERNANCE
CORPORATE TAX RATE
COUNTRY MARKETS
CREDIT DEFAULT
CREDIT DEFAULT SWAP
CREDIT EXPANSION
CREDIT GROWTH
CREDIT INSTITUTIONS
CREDIT MARKET
CREDIT QUALITY
CREDITOR
CREDITOR RIGHTS
CURRENT ACCOUNT SURPLUS
DEBT COMPOSITION
DEBT FINANCING
DEBT MANAGEMENT
DEBT MATURITY
DEBT REPAYMENT
DEBT RESTRUCTURING
DEBT SERVICING
DEBT SERVICING COSTS
DEBTS
DEPOSIT
DEPOSITOR
DEPOSITS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DISCOUNT RATE
DIVERSIFIED MARKET
DOMESTIC BANKS
DOMESTIC BONDS
DOMESTIC DEBT
DOMESTIC MARKET
ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENTS
ECONOMIC RISKS
EMERGING MARKETS
EQUIPMENT
EQUITY ISSUANCE
EXCHANGE RATE
EXCHANGE RATES
EXPENDITURE
EXPENDITURES
EXPORT COMPETITIVENESS
EXPORT MARKETS
EXPORT PERFORMANCE
EXPORT SHARE
EXPORTERS
EXTERNAL DEBT
EXTERNAL TRADE
FINANCIAL CRISIS
FINANCIAL HEALTH
FINANCIAL INFORMATION
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL STATEMENTS
FINANCIAL SUPPORT
FINANCIAL SYSTEM
FIRM PERFORMANCE
FISCAL CONSOLIDATION
FISCAL DEFICIT
FISCAL DISCIPLINE
FISCAL POLICIES
FISCAL POLICY
FLOOR PRICES
FOOD PRICE
FOOD PRICES
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE RESERVES
FOREIGN INVESTMENT
FOREIGN INVESTOR
FOREIGN INVESTORS
FUTURES
FUTURES MARKETS
GLOBAL CAPITAL
GLOBAL CAPITAL MARKET
GLOBAL ECONOMIC PROSPECTS
GLOBAL MARKET
GLOBAL MARKETS
GLOBAL TRADE
GOVERNMENT ACTIONS
GOVERNMENT BONDS
GOVERNMENT DEBT
GOVERNMENT GUARANTEES
GROSS DOMESTIC PRODUCT
GROWTH RATE
GROWTH RATES
INCOME
INCOME TAX
INCOMES
INFLATION
INFLATION RATE
INFORMATION DISCLOSURE
INFORMATION TECHNOLOGY
INSURANCE
INTEREST RATE
INTEREST RATES
INTERNATIONAL CAPITAL
INTERNATIONAL CAPITAL MARKET
INTERNATIONAL RESERVES
INVENTORIES
INVESTING
INVESTMENT FUNDS
INVESTMENT GRADE BORROWERS
INVESTMENT RATE
INVESTMENT SPENDING
INVESTOR CONFIDENCE
LACK OF TRANSPARENCY
LEGAL FRAMEWORK
LEGISLATIVE FRAMEWORK
LEVEL OF DEBT
LIQUIDITY
LIVING STANDARDS
LOAN CLASSIFICATION
LOCAL CURRENCY
LONG-TERM INTEREST
LONG-TERM INTEREST RATES
MACROECONOMIC CONDITIONS
MACROECONOMIC POLICIES
MACROECONOMIC STABILITY
MARKET CONDITIONS
MARKET ENVIRONMENT
MARKET PRICE
MARKET SIZE
MARKET TRENDS
MATURITIES
MATURITY
MIDDLE-INCOME COUNTRY
MONETARY FUND
MONETARY POLICIES
MONETARY POLICY
MONEY SUPPLY
NON-PERFORMING LOANS
NPL
OPEN ECONOMIES
OUTSTANDING PUBLIC DEBT
OWNERSHIP STRUCTURES
PERC
POLICY RESPONSE
PORTFOLIO
POWER PARITY
PRIVATE INVESTMENT
PRIVATE SALE
PUBLIC DEBT
PUBLIC DEBT STOCK
PUBLIC INVESTMENT
PUBLIC SECTOR DEBT
PURCHASING POWER
REAL ESTATE
REGULATORY CONSTRAINTS
REGULATORY FRAMEWORK
REMITTANCE
REPAYMENT CAPACITY
RESERVE
RETURN
RETURNS
RISK AVERSION
RULE OF LAW
SAFETY NETS
SECURITIES
SOCIAL CAPITAL
SOVEREIGN BOND
SOVEREIGN RISK
STATE BANK
STRATEGIC INVESTORS
TAX BREAKS
TAX COLLECTIONS
TAX EXEMPTIONS
TAX INCENTIVES
TAX RATES
TAX REGIME
TIMELY PAYMENT
TRADE BALANCE
TRADE LIBERALIZATION
TRADING
TRANSPARENCY
TREASURY
WITHDRAWAL
spellingShingle ACCESS TO INFORMATION
ACCOUNTING
ADVANCED ECONOMIES
ARREARS
ASSET MANAGEMENT
ASSET PORTFOLIOS
AUCTION
BAILOUT
BALANCE OF PAYMENT
BALANCE OF PAYMENTS
BALANCE SHEETS
BANK LENDING
BANK LOAN
BANKING SECTOR
BANKING SECTOR REFORMS
BANKING SECTORS
BANKING SYSTEM
BANKRUPTCY
BANKRUPTCY LAW
BARRIERS TO ENTRY
BASIS POINTS
BENEFICIARIES
BOND ISSUANCE
BOND ISSUANCES
BOND SPREADS
BROAD MONEY
BUSINESS CLIMATE
BUSINESS ENVIRONMENTS
CAPITAL ACCOUNT
CAPITAL FLOWS
CAPITAL INFLOWS
CAPITAL INVESTMENT
CAPITAL INVESTMENTS
CASH BALANCES
CDS
COLLATERAL
COMMERCIAL BANKS
COMMODITY
COMMODITY EXPORTS
COMMODITY PRICE
COMMODITY PRICES
CONFIDENCE INDEX
CONSUMER PRICE INDEX
CONTINGENCY PLANNING
CORPORATE DEBT
CORPORATE GOVERNANCE
CORPORATE TAX RATE
COUNTRY MARKETS
CREDIT DEFAULT
CREDIT DEFAULT SWAP
CREDIT EXPANSION
CREDIT GROWTH
CREDIT INSTITUTIONS
CREDIT MARKET
CREDIT QUALITY
CREDITOR
CREDITOR RIGHTS
CURRENT ACCOUNT SURPLUS
DEBT COMPOSITION
DEBT FINANCING
DEBT MANAGEMENT
DEBT MATURITY
DEBT REPAYMENT
DEBT RESTRUCTURING
DEBT SERVICING
DEBT SERVICING COSTS
DEBTS
DEPOSIT
DEPOSITOR
DEPOSITS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DISCOUNT RATE
DIVERSIFIED MARKET
DOMESTIC BANKS
DOMESTIC BONDS
DOMESTIC DEBT
DOMESTIC MARKET
ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENTS
ECONOMIC RISKS
EMERGING MARKETS
EQUIPMENT
EQUITY ISSUANCE
EXCHANGE RATE
EXCHANGE RATES
EXPENDITURE
EXPENDITURES
EXPORT COMPETITIVENESS
EXPORT MARKETS
EXPORT PERFORMANCE
EXPORT SHARE
EXPORTERS
EXTERNAL DEBT
EXTERNAL TRADE
FINANCIAL CRISIS
FINANCIAL HEALTH
FINANCIAL INFORMATION
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL STATEMENTS
FINANCIAL SUPPORT
FINANCIAL SYSTEM
FIRM PERFORMANCE
FISCAL CONSOLIDATION
FISCAL DEFICIT
FISCAL DISCIPLINE
FISCAL POLICIES
FISCAL POLICY
FLOOR PRICES
FOOD PRICE
FOOD PRICES
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE RESERVES
FOREIGN INVESTMENT
FOREIGN INVESTOR
FOREIGN INVESTORS
FUTURES
FUTURES MARKETS
GLOBAL CAPITAL
GLOBAL CAPITAL MARKET
GLOBAL ECONOMIC PROSPECTS
GLOBAL MARKET
GLOBAL MARKETS
GLOBAL TRADE
GOVERNMENT ACTIONS
GOVERNMENT BONDS
GOVERNMENT DEBT
GOVERNMENT GUARANTEES
GROSS DOMESTIC PRODUCT
GROWTH RATE
GROWTH RATES
INCOME
INCOME TAX
INCOMES
INFLATION
INFLATION RATE
INFORMATION DISCLOSURE
INFORMATION TECHNOLOGY
INSURANCE
INTEREST RATE
INTEREST RATES
INTERNATIONAL CAPITAL
INTERNATIONAL CAPITAL MARKET
INTERNATIONAL RESERVES
INVENTORIES
INVESTING
INVESTMENT FUNDS
INVESTMENT GRADE BORROWERS
INVESTMENT RATE
INVESTMENT SPENDING
INVESTOR CONFIDENCE
LACK OF TRANSPARENCY
LEGAL FRAMEWORK
LEGISLATIVE FRAMEWORK
LEVEL OF DEBT
LIQUIDITY
LIVING STANDARDS
LOAN CLASSIFICATION
LOCAL CURRENCY
LONG-TERM INTEREST
LONG-TERM INTEREST RATES
MACROECONOMIC CONDITIONS
MACROECONOMIC POLICIES
MACROECONOMIC STABILITY
MARKET CONDITIONS
MARKET ENVIRONMENT
MARKET PRICE
MARKET SIZE
MARKET TRENDS
MATURITIES
MATURITY
MIDDLE-INCOME COUNTRY
MONETARY FUND
MONETARY POLICIES
MONETARY POLICY
MONEY SUPPLY
NON-PERFORMING LOANS
NPL
OPEN ECONOMIES
OUTSTANDING PUBLIC DEBT
OWNERSHIP STRUCTURES
PERC
POLICY RESPONSE
PORTFOLIO
POWER PARITY
PRIVATE INVESTMENT
PRIVATE SALE
PUBLIC DEBT
PUBLIC DEBT STOCK
PUBLIC INVESTMENT
PUBLIC SECTOR DEBT
PURCHASING POWER
REAL ESTATE
REGULATORY CONSTRAINTS
REGULATORY FRAMEWORK
REMITTANCE
REPAYMENT CAPACITY
RESERVE
RETURN
RETURNS
RISK AVERSION
RULE OF LAW
SAFETY NETS
SECURITIES
SOCIAL CAPITAL
SOVEREIGN BOND
SOVEREIGN RISK
STATE BANK
STRATEGIC INVESTORS
TAX BREAKS
TAX COLLECTIONS
TAX EXEMPTIONS
TAX INCENTIVES
TAX RATES
TAX REGIME
TIMELY PAYMENT
TRADE BALANCE
TRADE LIBERALIZATION
TRADING
TRANSPARENCY
TREASURY
WITHDRAWAL
World Bank
Taking Stock, December 2013 : An Update on Vietnam's Recent Economic Developments
geographic_facet East Asia and Pacific
Vietnam
description Macroeconomic stability in Vietnam is improving, underpinned by moderating inflation and strengthening external accounts. Headline Consumer Price Index (CPI) inflation has stabilized, aided by subdued credit growth and easing of food price increases. The decline in core inflation has been more gradual. Pressure on the Vietnamese currency has also eased substantially. A sustained recovery in Gross Domestic Product (GDP) growth remains hampered however by slow-moving structural reforms and global uncertainty. With rising pressures on the budget, the government is faced with some crucial fiscal policy choices, as it seeks to balance the objectives of economic expansion and macroeconomic stability. This paper explores crucial issues such as trade facilitation, competitiveness and growth, poverty and inequality, corruption and economic growth in Vietnam, the external economic environment, and recent economic developments in Vietnam.
format Economic & Sector Work :: Economic Updates and Modeling
author World Bank
author_facet World Bank
author_sort World Bank
title Taking Stock, December 2013 : An Update on Vietnam's Recent Economic Developments
title_short Taking Stock, December 2013 : An Update on Vietnam's Recent Economic Developments
title_full Taking Stock, December 2013 : An Update on Vietnam's Recent Economic Developments
title_fullStr Taking Stock, December 2013 : An Update on Vietnam's Recent Economic Developments
title_full_unstemmed Taking Stock, December 2013 : An Update on Vietnam's Recent Economic Developments
title_sort taking stock, december 2013 : an update on vietnam's recent economic developments
publisher Hanoi
publishDate 2014
url http://documents.worldbank.org/curated/en/2013/12/18639280/taking-stock-update-vietnams-recent-economic-developments
http://hdl.handle.net/10986/16731
_version_ 1764434552132993024
spelling okr-10986-167312021-04-23T14:03:32Z Taking Stock, December 2013 : An Update on Vietnam's Recent Economic Developments World Bank ACCESS TO INFORMATION ACCOUNTING ADVANCED ECONOMIES ARREARS ASSET MANAGEMENT ASSET PORTFOLIOS AUCTION BAILOUT BALANCE OF PAYMENT BALANCE OF PAYMENTS BALANCE SHEETS BANK LENDING BANK LOAN BANKING SECTOR BANKING SECTOR REFORMS BANKING SECTORS BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BARRIERS TO ENTRY BASIS POINTS BENEFICIARIES BOND ISSUANCE BOND ISSUANCES BOND SPREADS BROAD MONEY BUSINESS CLIMATE BUSINESS ENVIRONMENTS CAPITAL ACCOUNT CAPITAL FLOWS CAPITAL INFLOWS CAPITAL INVESTMENT CAPITAL INVESTMENTS CASH BALANCES CDS COLLATERAL COMMERCIAL BANKS COMMODITY COMMODITY EXPORTS COMMODITY PRICE COMMODITY PRICES CONFIDENCE INDEX CONSUMER PRICE INDEX CONTINGENCY PLANNING CORPORATE DEBT CORPORATE GOVERNANCE CORPORATE TAX RATE COUNTRY MARKETS CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT EXPANSION CREDIT GROWTH CREDIT INSTITUTIONS CREDIT MARKET CREDIT QUALITY CREDITOR CREDITOR RIGHTS CURRENT ACCOUNT SURPLUS DEBT COMPOSITION DEBT FINANCING DEBT MANAGEMENT DEBT MATURITY DEBT REPAYMENT DEBT RESTRUCTURING DEBT SERVICING DEBT SERVICING COSTS DEBTS DEPOSIT DEPOSITOR DEPOSITS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DISCOUNT RATE DIVERSIFIED MARKET DOMESTIC BANKS DOMESTIC BONDS DOMESTIC DEBT DOMESTIC MARKET ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC RISKS EMERGING MARKETS EQUIPMENT EQUITY ISSUANCE EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURES EXPORT COMPETITIVENESS EXPORT MARKETS EXPORT PERFORMANCE EXPORT SHARE EXPORTERS EXTERNAL DEBT EXTERNAL TRADE FINANCIAL CRISIS FINANCIAL HEALTH FINANCIAL INFORMATION FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL STATEMENTS FINANCIAL SUPPORT FINANCIAL SYSTEM FIRM PERFORMANCE FISCAL CONSOLIDATION FISCAL DEFICIT FISCAL DISCIPLINE FISCAL POLICIES FISCAL POLICY FLOOR PRICES FOOD PRICE FOOD PRICES FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FOREIGN INVESTOR FOREIGN INVESTORS FUTURES FUTURES MARKETS GLOBAL CAPITAL GLOBAL CAPITAL MARKET GLOBAL ECONOMIC PROSPECTS GLOBAL MARKET GLOBAL MARKETS GLOBAL TRADE GOVERNMENT ACTIONS GOVERNMENT BONDS GOVERNMENT DEBT GOVERNMENT GUARANTEES GROSS DOMESTIC PRODUCT GROWTH RATE GROWTH RATES INCOME INCOME TAX INCOMES INFLATION INFLATION RATE INFORMATION DISCLOSURE INFORMATION TECHNOLOGY INSURANCE INTEREST RATE INTEREST RATES INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKET INTERNATIONAL RESERVES INVENTORIES INVESTING INVESTMENT FUNDS INVESTMENT GRADE BORROWERS INVESTMENT RATE INVESTMENT SPENDING INVESTOR CONFIDENCE LACK OF TRANSPARENCY LEGAL FRAMEWORK LEGISLATIVE FRAMEWORK LEVEL OF DEBT LIQUIDITY LIVING STANDARDS LOAN CLASSIFICATION LOCAL CURRENCY LONG-TERM INTEREST LONG-TERM INTEREST RATES MACROECONOMIC CONDITIONS MACROECONOMIC POLICIES MACROECONOMIC STABILITY MARKET CONDITIONS MARKET ENVIRONMENT MARKET PRICE MARKET SIZE MARKET TRENDS MATURITIES MATURITY MIDDLE-INCOME COUNTRY MONETARY FUND MONETARY POLICIES MONETARY POLICY MONEY SUPPLY NON-PERFORMING LOANS NPL OPEN ECONOMIES OUTSTANDING PUBLIC DEBT OWNERSHIP STRUCTURES PERC POLICY RESPONSE PORTFOLIO POWER PARITY PRIVATE INVESTMENT PRIVATE SALE PUBLIC DEBT PUBLIC DEBT STOCK PUBLIC INVESTMENT PUBLIC SECTOR DEBT PURCHASING POWER REAL ESTATE REGULATORY CONSTRAINTS REGULATORY FRAMEWORK REMITTANCE REPAYMENT CAPACITY RESERVE RETURN RETURNS RISK AVERSION RULE OF LAW SAFETY NETS SECURITIES SOCIAL CAPITAL SOVEREIGN BOND SOVEREIGN RISK STATE BANK STRATEGIC INVESTORS TAX BREAKS TAX COLLECTIONS TAX EXEMPTIONS TAX INCENTIVES TAX RATES TAX REGIME TIMELY PAYMENT TRADE BALANCE TRADE LIBERALIZATION TRADING TRANSPARENCY TREASURY WITHDRAWAL Macroeconomic stability in Vietnam is improving, underpinned by moderating inflation and strengthening external accounts. Headline Consumer Price Index (CPI) inflation has stabilized, aided by subdued credit growth and easing of food price increases. The decline in core inflation has been more gradual. Pressure on the Vietnamese currency has also eased substantially. A sustained recovery in Gross Domestic Product (GDP) growth remains hampered however by slow-moving structural reforms and global uncertainty. With rising pressures on the budget, the government is faced with some crucial fiscal policy choices, as it seeks to balance the objectives of economic expansion and macroeconomic stability. This paper explores crucial issues such as trade facilitation, competitiveness and growth, poverty and inequality, corruption and economic growth in Vietnam, the external economic environment, and recent economic developments in Vietnam. 2014-01-30T17:41:23Z 2014-01-30T17:41:23Z 2013-12 http://documents.worldbank.org/curated/en/2013/12/18639280/taking-stock-update-vietnams-recent-economic-developments http://hdl.handle.net/10986/16731 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Hanoi Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work East Asia and Pacific Vietnam